flexible settlement
[FLEK-suh-bul SET-ul-muhnt]
nounpl: flexible settlements
acordo flexível
1. An agreement or arrangement that allows modifications to terms, payment schedules, or conditions based on changing circumstances or mutual consent
The bank offered a flexible settlement to help the borrower manage their debt during the economic downturn.
O banco ofereceu um acordo flexível para ajudar o mutuário a gerenciar sua dívida durante a recessão econômica.
2. In legal or commercial contexts, a resolution of a dispute that permits adjustments without requiring strict adherence to original terms
The two companies reached a flexible settlement that allowed them to extend payment deadlines.
As duas empresas chegaram a um acordo flexível que lhes permitiu estender os prazos de pagamento.
3. A community or residential arrangement that can be easily adapted or restructured to meet diverse needs
The developer created a flexible settlement design that accommodated both commercial and residential spaces.
O desenvolvedor criou um projeto de assentamento flexível que acomodava tanto espaços comerciais quanto residenciais.
In Brazilian business culture, flexible settlements reflect the pragmatic approach to problem-solving and the importance of maintaining relationships. Companies often prefer negotiable agreements that allow for adaptation as circumstances change, rather than rigid contracts. This is particularly common in the construction, real estate, and financial sectors where economic volatility necessitates adjustable arrangements.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →